From the market perspective, the four-hour level shows a step-like decline, with prices breaking below the lower Bollinger Band. Bearish momentum continues to be released, and the Bollinger Band is opening downwards. Although there is a slight rebound, the upward momentum is weak, and the overall trend is dominated by bears.

At the one-hour level, the market rebounded above the lower Bollinger Band, but the bears once again exerted force, resulting in a two consecutive bearish candle drop. Combined with the previous trend, the lower Bollinger Band provides some support, which may serve as a short-term rebound platform for bulls. Trading advice: sell on the rebound:

- Bitcoin: short near 113500-114000, target 112000

- Ethereum: short near 4160-4180, target 4000#加密市场回调